VP of Business Development, Europe

London

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PMC: VP of Business Development, Europe

Location: United Kingdom - London Office

Department: PMC - Corporate / Administration

Penske Media Corporation, a leading global media and information services company, is looking for a talented and results-oriented VP of Business Development, Europe to join our Corporate Business Development team. This role is based in London.

This person will be the primary executive generating multiple revenue streams for PMC brands in Europe with the UK as a key focus for revenue growth and will be tasked with dealmaking across many industries and deal types. Furthermore, this individual will work closely with the Global VP/Head of International + SVP of Business Development and key brand stakeholders to negotiate an array of revenue-generating opportunities from conception through full agreement execution.

As PMC values in-person collaboration and team cohesion, employees work onsite 4 days a week from the PMC London office and 1 day remotely with a focus on maintaining a vibrant and inclusive culture.

Responsibilities:

Responsible for European revenue generation across initiatives with the UK as a priority
Areas of Focus: Strategic Revenue Partnerships, IP/Brand Extension, Branded Hospitality, Content & Product Licensing, Sponsorship Revenue and more
Leverage deep relationships to source, negotiate and execute new partnerships and business ventures for PMC
Primary duties include prospecting, lead development, negotiating deals, redlining contracts with Legal and partnership management at a senior level
Work across internal stakeholder groups for respective PMC Brands (including Executive Management, Sales, Marketing, Editorial) to build support and consensus for new business initiatives, new markets, and licensing opportunities
Success metrics will include annual revenue production, developing strategic programs & partnerships for long-term growth, and developing close working relationships with PMC Brand Leaders
Support our SXSW London event via sponsorship and partnership opportunities
Facilitate PMC brands' expansion of IP & events to the UK and Europe at large
Stay abreast of industry trends and developments to identify new robust opportunities for growth
Attend industry events to prospect for new partnerships and biz opportunities
Focus on developing large, strategic multi-year revenue programs vs. smaller, one-off opportunities
Renegotiate and extend existing content licensing deals and other Biz Dev partnerships when needed

Requirements:

At least 10+ years' biz dev experience with at least 5+ years' licensing experience at a Media/Entertainment company
Deep understanding and comfort with industry revenue models and business terms (e.g., revenue guarantees, royalties, rights & permissions, etc.)
Demonstrated track record of leading and negotiating complex deals on pace while managing competing priorities; possesses extraordinary prioriti
Can tap an established European network of contacts as prospects
Extensive experience building and executing innovative, non-advertising partner programs that drive recurring revenue
Sophisticated understanding of contract terms and principles and ability to work closely
Ability to work independently and manage multiple projects in a fast paced, dynamic environment
An expert communicator with a proactive, extroverted demeanor and a strong sense of urgency
Extensive experience in managing and optimizing partnerships through deal execution and beyond
20-25% travel required including client meetings, trade shows, PMC offices, etc.

At PMC, we believe working in a highly collaborative, office-first environment fosters real time communication, spontaneous idea sharing, and stronger interpersonal relationships that drive innovation and team cohesion. PMC prioritizes in-person collaboration and does not offer remote only roles.

About Penske Media Corporation (PMC)

Penske Media Corporation (PMC) is a leading global media and information services company whose award winning content attracts a passionate monthly audience of more than 500 million people.Since 2004, PMC has been a pioneer in digital media and owns over 300 live events, while reaching audiences across all screens.Penske Media is recognized, as one of the Top 100 Private Companies in the United States and North America.

Our Companies & Brands

Iconic Media Brands (PMX): Variety, Rolling Stone, The Verge, Billboard, The Hollywood Reporter, WWD, SHE Media, Robb Report, Deadline, Eater, Sportico, ARTnews, Fairchild Media, VIBE, IndieWire, SB Nation, ARTFORUM, POPSUGAR, Gold Derby, BEAUTY INC, Art in America, Punch, The Dodo, and more.

Live Events & Experiences: The Golden Globes, SXSW, Academy of Country Music Awards (ACMs), Billboard Music Awards (BBMAs), Dick Clark's New Year'sRockin' Eve, SXSW London, American Music Awards (AMAs), and Latin Music Week.